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3Degrees

Delivers carbon offsets and renewables

Overview

3Degrees helps organizations reduce their climate impact by connecting them with renewable energy options and carbon offset solutions. It supports clients in purchasing and retiring carbon offsets, sourcing renewable energy, and accessing sustainability advisory services. The company integrates technology to track and advance decarbonization efforts for a diverse client base that includes Fortune 500 companies, utilities, and government agencies. Unlike some competitors, 3Degrees emphasizes environmental impact and stakeholder engagement, aiming to be a trusted advisor in the renewable energy transition. Its goal is to enable organizations worldwide to meet their sustainability targets by expanding access to renewable energy and credible offsets, thereby accelerating global decarbonization.

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About 3Degrees

Simplify's Rating
Why 3Degrees is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsConsultingEnergySocial Impact

Company Size

201-500

Company Stage

Early VC

Total Funding

$11M

Headquarters

San Francisco, California

Founded

2007

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Simplify's Take

What believers are saying

  • Citi provided a $60 million credit line in July 2025, expanding balance-sheet capacity.
  • Meridian launched in June 2026, targeting large corporate buyers managing global portfolios.
  • 3Degrees keeps landing new initiatives, including green ammonia, carbon removal, and EV credit monetization.

What critics are saying

  • Headcount fell to 356 by March 2026, down 16.5% from 2023.
  • Pure-play REC competitors like Ecohz and Shell Energy squeeze pricing and distribution.
  • If Meridian adoption stalls, 3Degrees loses its brokerage moat and becomes a services vendor.

What makes 3Degrees unique

  • 3Degrees Meridian combines EAC trading, attribution, and audit-ready reporting across 100+ markets.
  • Its Singapore office and APAC team deepen access to fragmented renewable procurement markets.
  • The company pairs climate advisory with a marketplace, unlike pure software or brokers.

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Funding

Total Funding

$11M

Above

Industry Average

Funded Over

3 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Retirement Plan
  • Hybrid Work Options
  • Remote Work Options
  • Wellness Program
  • Professional Development Budget
  • Phone/Internet Stipend
  • Profit Sharing

Growth & Insights and Company News

6 month growth

-1%

1 year growth

0%

2 year growth

0%
Contract Pharma
Sep 16th, 2026
Sanofi, UCB, Opella join Clean Heat Program.

Sanofi, UCB, Opella join Clean Heat Program. Pharma companies back Secaro and ERM initiative to cut industrial heat emissions. September 16, 2026 Associate Editor, Contract Pharma Editor's Take: CDMOs are increasingly setting more ambitious emissions targets as sustainability goals become one of the more urgent business strategies facing pharma companies. Sanofi, UCB and Opella have joined AstraZeneca as founding members of the Clean Heat Program, an initiative from supply chain intelligence network Secaro and global sustainability consultancy ERM that aims to reduce industrial emissions by replacing fossil fuel-based heating with low-carbon alternatives. Industrial heat is often the largest remaining source of operational emissions. Initiatives such as the adoption of clean heat technologies are an important step in decarbonizing energy-intensive manufacturing processes while maintaining the quality, safety, and reliability of pharmaceutical production. For companies looking to decarbonize hard-to-abate sectors, the Clean Heat Program provides a practical route and, rather than asking companies to solve this challenge alone, the program reduces risks by bringing together industry leaders, technical experts and proven solutions. "Heat has been one of the most challenging areas across the pharmaceutical value chain on the road to net zero, with high technical barrier, diverse supplier maturity and complex business cases," says Giannis Kourousias, Sanofi Global Procurement Head - Environmental Responsibility. "By partnering with our peers, we can jointly develop solutions that will unblock suppliers in this critical area by providing deep technical expertise, support focusing on the right things and facilitate funding options." Secaro has also signed new agreements to expand its partner network with Schneider Electric and 3Degrees. SE Advisory Services, Schneider Electric's global consulting practice, provides additional services to suppliers, including energy studies, investment-grade audits, metering gap analysis and comprehensive energy management systems, among other services. 3Degrees, a global climate and renewable energy solutions provider, brings deep expertise in renewable natural gas and biomethane short- and long-term procurement across both US and European markets. "Accelerating supply chain decarbonization requires streamlining pathways to implementation to the lower carbon alternatives," says Dave Rimkus, Head of Global Supply Chain Decarbonization at SE Advisory Services. "Through initiatives like Energize, we have seen how collaboration can create these pathways to increase the uptake on renewable electricity adoption across value chains. We are excited to partner with Secaro and support the Clean Heat Program in bringing the same collaborative, action-oriented approach to one of the next frontiers of decarbonization: industrial heat." Jon Hughes, Partner, Sustainable Products & Supply Chain at ERM, adds, "By bringing together leading companies, experienced technical specialists, funding options and proven clean heat solutions, the Clean Heat Program helps organizations overcome barriers to adoption and deliver measurable emissions reductions throughout their supply chains." Add us as a preferred source on Google. Get the latest Contract Pharma news, insights and analysis in your Google Search and AI experiences.

Business Wire
Jun 23rd, 2026
3Degrees launches Meridian platform to help companies manage global clean energy portfolios

3Degrees, a global climate solutions provider, has launched Meridian, a centralised platform to help organisations track carbon-free electricity goals and manage energy attribute certificate portfolios across operations and supply chains. The platform consolidates energy demand data with clean energy supply, enabling organisations to monitor progress towards scope 2 targets, identify portfolio gaps, and access real-time EAC pricing intelligence. It also supports scope 3 carbon-free electricity tracking whilst preventing double-counting through built-in controls. 3Degrees has delivered over 500 million MWh of EACs across more than 100 countries over the past five years, working with clients including eBay and Mars. The platform is now available and combines technology with the company's 20 years of renewable energy market expertise.

Buzze
Jul 28th, 2025
Unlocking More Value: Buzze Partners with 3Degrees to Monetize EV Charging Credits

Unlocking more value: Buzze partners with 3Degrees to monetize EV charging credits.

Eco-Business
May 5th, 2025
3Degrees grows carbon asset development capabilities in Singapore

3Degrees, a leading global climate solutions provider, announced today that it will be expanding its carbon asset development capabilities in Singapore.

ERGAR
Apr 23rd, 2025
ERGaR Brings Renewable Gas to the forefront at REC Market Meeting 2025

ERGaR CoO Scheme is proud to have co-organised the first-ever dedicated Renewable Gas stream at the REC Market Meeting 2025, in partnership with 3Degrees Group, Inc.

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